Goldman Sachs Nasdaq-100 Premiu (GPIQ)Derivative Income | Exchange Traded Fund | NasdaqGM
55.55 USD
-1.29
(-2.270%) ⇩
(Oct. 16, 2026, 4 p.m.
EDT)
After hours: 55.50 -0.05 (-0.050%) ⇩ (Oct. 16, 2026, 7:52 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 9:24 a.m. EDT
The Nasdaq-100 Premium Income ETF presents a classic case of selling volatility to hedge a portfolio while simultaneously betting on a flat or slowly drifting market. The short-term outlook remains neutral because the heavy put positioning indicates that smart money is preparing for a potential downturn in the tech-heavy index, which would crush the premium-generation strategy. The long-term rating is capped at neutral because the ETF's structure inherently limits participation in the massive rallies of its underlying assets; it is designed to lag during bull markets, making it unsuitable for investors seeking aggressive capital appreciation despite the attractive yield. The dividend yield of roughly 0.6% is modest and serves primarily as a buffer rather than a primary income driver, offering only a fraction of inflation protection. Essentially, this is a defensive tool for retirees worried about a tech crash, not a growth engine. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.035548 |
| AutoETS | 0.040164 |
| AutoARIMA | 0.040226 |
| MSTL | 0.043823 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 52% |
| H-stat | 1.08 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.005 |
| Excess Kurtosis | 1.53 |
| Attribute | Value |
|---|---|
| Trailing P/E | 27.25 |
As of Oct. 10, 2026, 9:24 a.m. EDT: Speculators are overwhelmingly positioning for downside protection, evidenced by massive open interest in out-of-the-money puts across all expirations (OTM OI % ranging from 92% to 96%). While there is some volume in deep OTM calls, the dominant strategy is hedging against a drop below the $55-$58 range. The significant volume in December 2026 puts at strikes far below current price suggests a fear of a sharp correction or a 'black swan' event in the Nasdaq-100 component stocks.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.88% | 10.56% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-10-01 | 0.509 | 0.883527 |
| 2026-09-01 | 0.497 | 0.890043 |
| 2026-08-03 | 0.486 | 0.871280 |
| 2026-07-01 | 0.519 | 0.894057 |
| 2026-06-01 | 0.519 | 0.876393 |
| 2026-05-01 | 0.483 | 0.874525 |
| 2026-04-01 | 0.432 | 0.871143 |
| 2026-03-02 | 0.453 | 0.878418 |
| 2026-02-02 | 0.466 | 0.876764 |
| 2026-01-02 | 0.463 | 0.885108 |
| 2025-12-01 | 0.465 | 0.882353 |
| 2025-11-03 | 0.474 | 0.880059 |
| 2025-10-01 | 0.458 | 0.877899 |
| 2025-09-02 | 0.443 | 0.887776 |
| 2025-08-01 | 0.442 | 0.897462 |
| 2025-07-01 | 0.435 | 0.885767 |
| 2025-06-02 | 0.415 | 0.870934 |
| 2025-05-01 | 0.388 | 0.865878 |
| 2025-04-01 | 0.386 | 0.866831 |
| 2025-03-03 | 0.415 | 0.884673 |
| 2025-02-03 | 0.438 | 0.893513 |
| 2025-01-03 | 0.429 | 0.870712 |
| 2024-12-03 | 0.431 | 0.873000 |
| 2024-11-04 | 0.414 | 0.878421 |
| 2024-10-02 | 0.418 | 0.889362 |
| 2024-09-04 | 0.411 | 0.905486 |
| 2024-08-02 | 0.410 | 0.924465 |
| 2024-07-02 | 0.420 | 0.871369 |
| 2024-06-04 | 0.406 | 0.878028 |
| 2024-05-02 | 0.388 | 0.875847 |
| 2024-04-02 | 0.407 | 0.885938 |
| 2024-03-04 | 0.404 | 0.873325 |
| 2024-02-02 | 0.391 | 0.864662 |
| 2023-12-28 | 0.387 | 0.879146 |
| 2023-12-04 | 0.375 | 0.886106 |
| Attribute | Value |
|---|---|
| All Time High | 59.83 |
| All Time Low | 38.13 |
| Ask | 56.91 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 1,879,080 |
| Average Daily Volume3 Month | 1,544,165 |
| Average Volume | 1,544,165 |
| Average Volume10Days | 1,879,080 |
| Beta3 Year | 0.0 |
| Bid | 56.86 |
| Bid Size | 1 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 56.73 |
| Day Low | 55.355 |
| Display Name | Nasdaq-100 Premium Income ETF |
| Dividend Yield | 0.63 |
| Eps Trailing Twelve Months | 2.0383291 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 57.125 |
| Fifty Day Average Change | -1.5750008 |
| Fifty Day Average Change Percent | -0.027571129 |
| Fifty Two Week Change Percent | 4.9499393 |
| Fifty Two Week High | 59.83 |
| Fifty Two Week High Change | -4.2800026 |
| Fifty Two Week High Change Percent | -0.07153606 |
| Fifty Two Week Low | 47.715 |
| Fifty Two Week Low Change | 7.834999 |
| Fifty Two Week Low Change Percent | 0.1642041 |
| Fifty Two Week Range | 47.715 - 59.83 |
| First Trade Date Milliseconds | 1,698,413,400,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -1.3400002 |
| Fullday Change Percent | -2.357495 |
| Fullday Price | 55.55 |
| Fund Family | Goldman Sachs |
| Fund Inception Date | 1,698,105,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in investments in companies that are included in the fund’s benchmark. These investments may include equity securities such as common stock, preferred stock, warrants and other rights to acquire stock, and futures, forwards, options and derivatives on equity instruments that generate premium income for the fund. The fund is non-diversified. |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1858491659 |
| Nav Price | 56.82 |
| Net Assets | 6,241,435,100.0 |
| Net Expense Ratio | 0.29 |
| Open | 56.725 |
| Phone | (212) 902-1000 |
| Post Market Change | -0.049999237 |
| Post Market Change Percent | -0.090007626 |
| Post Market Price | 55.5 |
| Post Market Time | 1,792,194,746 |
| Previous Close | 56.84 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.29 |
| Regular Market Change Percent | -2.26953 |
| Regular Market Day High | 56.73 |
| Regular Market Day Low | 55.355 |
| Regular Market Day Range | 55.355 - 56.73 |
| Regular Market Open | 56.725 |
| Regular Market Previous Close | 56.84 |
| Regular Market Price | 55.55 |
| Regular Market Time | 1,792,180,801 |
| Regular Market Volume | 2,459,240 |
| Short Name | Goldman Sachs Nasdaq-100 Premiu |
| Source Interval | 15 |
| Symbol | GPIQ |
| Total Assets | 6,241,435,136 |
| Tradeable | 0 |
| Trailing P E | 27.252714 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.30862 |
| Trailing Three Month Returns | 0.30862 |
| Triggerable | 1 |
| Two Hundred Day Average | 55.1161 |
| Two Hundred Day Average Change | 0.43389893 |
| Two Hundred Day Average Change Percent | 0.007872453 |
| Type Disp | ETF |
| Volume | 2,459,240 |
| Yield | 0.0063 |
| Ytd Return | 18.69407 |